Chief executive Christoph Toepfer says the company and private equity partner KKR have been discussing dry bulk since 2013 but had previously decided against such a move.
Today the partners added four panamaxes and a supramax as part of a $254.5m fleet swoop that also included boxships.
Toepfer told TradeWinds: “These bulkers came as part of the fleet. You could not cherry pick and only take the bulkers or the containerships, you had to take them all.
“We
